Senior executives from the buy-side and sell-side of the structured product industry discussed diversifying underlying and how to navigate trends beyond the US stocks at the SRP Asia Pacific conference held in Singapore last month.
The Korean market continues to see investors pivoting from ELS to ELB and DLB products; Hana Securities’ overall structured product sales amounted to 24% market share in April.
Structured deposits have increased their market share by almost 40 percentage points since 2019.
The number of derivative warrants and callable bull/bear contracts (CBBCs) issued rebounded in April, while average daily turnover continued to struggle. The AIA stock shined in the DW segment.
Registered notes continue to dominate a market which has been hit by a severe drop in sales in recent years.
Senior executives from market making and asset management outfits discussed how to improve investors' understanding of portfolio hedging.
An analysis of wrapper usage in China shows that structured deposits continue to grow their market share.
With five main wrappers, the South Korean market is one of the most diverse in the Asia Pacific region.
By estimated sales in 2023, autocallable yield enhancement products reached more than half of the market share in Asia Pacific.